Wealth Enhancement Advisory Services LLC Increases Stock Position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Wealth Enhancement Advisory Services LLC boosted its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 6.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,974 shares of the company’s stock after purchasing an additional 1,625 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $1,882,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Private Ocean LLC purchased a new stake in Fidelity MSCI Health Care Index ETF in the fourth quarter valued at approximately $26,000. Sound Income Strategies LLC raised its stake in Fidelity MSCI Health Care Index ETF by 4,727.3% in the first quarter. Sound Income Strategies LLC now owns 531 shares of the company’s stock valued at $37,000 after purchasing an additional 520 shares in the last quarter. American National Bank raised its stake in Fidelity MSCI Health Care Index ETF by 160.0% in the fourth quarter. American National Bank now owns 598 shares of the company’s stock valued at $39,000 after purchasing an additional 368 shares in the last quarter. Anchor Investment Management LLC purchased a new stake in Fidelity MSCI Health Care Index ETF in the fourth quarter valued at approximately $65,000. Finally, Partnership Wealth Management LLC purchased a new stake in Fidelity MSCI Health Care Index ETF in the fourth quarter valued at approximately $81,000.

Fidelity MSCI Health Care Index ETF Price Performance

Shares of FHLC opened at $67.43 on Friday. The company has a market capitalization of $3.04 billion, a P/E ratio of 23.99 and a beta of 0.59. Fidelity MSCI Health Care Index ETF has a 1-year low of $57.32 and a 1-year high of $70.01. The firm’s 50 day simple moving average is $67.98 and its 200 day simple moving average is $67.40.

About Fidelity MSCI Health Care Index ETF

The Fidelity MSCI Health Care Index ETF (FHLC) is an exchange-traded fund that is based on the MSCI US IMI 25\u002F50 Health Care index, a market-cap-weighted index of stocks in the broad US health care sector. FHLC was launched on Oct 21, 2013 and is managed by Fidelity.